After the Fed's Powell announced a 50 basis point rate cut last night, there was no surge, but a wave of highs and falls. I also issued a message to remind people to short at high positions. Although there was no sharp drop, there was nearly 1900+ space up and down.

However, the violent pull-up this morning quickly pulled the big cake to a September high, breaking through 62,500, so those who always earn money in the square began to shout that the bulls were back, that is, a bunch of people chasing ups and downs!

Powell's speech at the interest rate cut meeting did not dispel the market's doubts about the slowdown of the US economy. Powell used a evasive speech, claiming that he did not see any signs of economic recession. The 50 basis point rate cut was because the employment data from July to August went from hot to normal temperature, causing the market to lose vitality.

Obviously, such an answer is a bit pale, and the market still has doubts about whether the US economy can have a soft landing. Since the 50 basis point rate cut has been chosen, there should not be a slow bull with a slow rise, and there is a high probability of a fast rise and fall.

It is recommended to short at high levels, around 62500 down to 61000, stop loss 500 points $BTC #新币挖矿HMSTR #美联储宣布降息50个基点 #加密市场反弹 #美国大选如何影响加密产业？ #新币挖矿CATI